The Political Thread

[Chris]

Labor Dispute Halts Rail Freight in Canada, Raising Supply Chain Concerns

The shutdown could disrupt trade with the United States and other countries, as well as causing serious economic consequences within Canada.

www.nytimes.com

Rail freight traffic in Canada came to a standstill early Thursday as the country’s two main rail companies locked out about 10,000 employees, a move that could cause supply chain disruptions in the United States and serious economic consequences within Canada.

The move follows months of contract talks that failed to reach an agreement. The two companies, Canadian National and Canadian Pacific Kansas City, said before the lockout that their extensive routes within the United States would continue to operate, but many businesses there are likely to be affected.

 

[Canadian Dragon]

because things werr not already expensive enough here we really need a shipping strike to make things even worse. fml

 

[Bobby Barrows]

https://www.npr.org/2024/08/22/nx-s1-5084146/voter-registration-arizona-supreme-court-citizenship

 

[Chris]

Labor Dispute Halts Rail Freight in Canada, Raising Supply Chain Concerns

The shutdown could disrupt trade with the United States and other countries, as well as causing serious economic consequences within Canada.

www.nytimes.com

Rail freight traffic in Canada came to a standstill early Thursday as the country’s two main rail companies locked out about 10,000 employees, a move that could cause supply chain disruptions in the United States and serious economic consequences within Canada.

The move follows months of contract talks that failed to reach an agreement. The two companies, Canadian National and Canadian Pacific Kansas City, said before the lockout that their extensive routes within the United States would continue to operate, but many businesses there are likely to be affected.

Canadian freight trains to roll again as government forces railroads into arbitration over labor contract, official says

Canadian freight trains to roll again as government forces railroads into arbitration over labor contract, official says

abcnews.go.com

TORONTO -- Canadian freight trains to roll again as government forces railroads into arbitration over labor contract, official says.

 

[Jacob Fatu]

Kamala Harris speech is very inspiring for American voters and I say this from the UK , she's very appealing to non democratic voters. Coherent and likeable as well. What you want in the leader of the free world. Other countries look to America for hope and I for one am happy she got to go go against trump. He doesn't like women who stand firm and she'll take him on in a debate and wipe the floor with him. I never seen anyone coming into a race for president or prime minister or anyone office of state do what she's doing, closed the funding gap in donors too.

#Harrisforpresident2024

 

[Sabretooth]

Kamala’s speech last night was amazing tbh. She introduced herself to the voters by giving her personal story and then discussed her background as a persecutor protecting the little guy and then clearly describing the hopeful strong political stances she has in contrast with the divisive cruel stances Trump has.

She gets an A from me.

 

[Chris]

Powell at Jackson Hole: 'The time has come' for the Fed to soon begin reducing interest rates

With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday.

apnews.com

JACKSON HOLE, Wyoming (AP) — With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday.

Powell did not say when rate cuts would begin or how large they might be, but the Fed is widely expected to announce a modest quarter-point cut in its benchmark rate when it meets in mid-September.

“The time has come for policy to adjust,” Powell said in his keynote speech at the Fed’s annual economic conference in Jackson Hole, Wyoming. “The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks.”

His reference to multiple rate cuts was the only hint that a series of reductions is likely, as economists have forecast. Powell emphasized that inflation, after the worst price spike in four decades inflicted pain on millions of households, appears largely under control:

“My confidence has grown,” he said, “that inflation is on a sustainable path back to 2%.”

According to the Fed’s preferred measure, inflation fell to 2.5% last month, far below its peak of 7.1% two years ago and only slightly above the central bank’s 2% target level.

 

[Chris]

U.S. Accuses Software Maker RealPage of Enabling Collusion on Rents

The Justice Department filed an antitrust suit against the real estate software company alleging an illegal pricing scheme facilitated by algorithms.

www.nytimes.com

The Justice Department said it filed an antitrust lawsuit on Friday against the real estate software company RealPage, alleging its software enabled landlords to collude to raise rents across the United States.

The suit, joined by North Carolina, California, Colorado, Connecticut, Minnesota, Oregon, Tennessee and Washington, accuses RealPage of facilitating a price-fixing conspiracy that boosted rents beyond market forces for millions of people. It’s the first major civil antitrust lawsuit where the role of an algorithm in pricing manipulation is central to the case, Justice Department officials said.

“Americans should not have to pay more in rent because a company has found a new way to scheme with landlords to break the law,” Attorney General Merrick Garland said in a statement.

 

[Bobby Barrows]

 

[Canadian Dragon]

Ronda Rousey issues apology for previous Sandy Hook video

wrestlingsmarks.com

 

[Bobby Barrows]

Also I'm all on board to ride this wave of Kamalism

 

[Bobby Barrows]

Also classic JK Rowling and not knowing when to shut the fuck up. Instead of admitting wrongdoing regarding Imane Khelif, she doubles down and continues the anti-trans rhetoric.

 

[Chris]

RFK Jr. endorses Trump after weeks of back-channel courtship

Kennedy had dropped in the polls in recent weeks. He blamed Democrats for running a relentless campaign against his independent candidacy.

www.nbcnews.com

PHOENIX — Robert F. Kennedy Jr. endorsed former President Donald Trump Friday afternoon during a lengthy speech putting to rest his tumultuous independent presidential campaign.

Kennedy's campaign first confirmed the endorsement in a court filing in Pennsylvania before he took the stage for the speech in battleground Arizona. Trump has his own event in nearby Glendale later Friday, where Kennedy will speak, according to three sources familiar with the planning — the culmination of weeks of talks.

 

[Chris]

Texas, other GOP-led states sue over program to give immigrant spouses of US citizens legal status

Sixteen Republican-led states are suing to end a federal program that could potentially give nearly half a million immigrants without legal status who are married to U.S. citizens a path to citizenship.

apnews.com

Sixteen Republican-led states are suing to end a federal program that could potentially give nearly half a million immigrants without legal status who are married to U.S. citizens a path to citizenship.

The coalition filed suit Friday to halt the program launched by President Joe Biden in June, saying in court filings that the administration bypassed Congress to create a pathway to citizenship for “blatant political purposes.”

 

[Sabretooth]

Shocker